| Webster's Online Dictionary |
| Expressions | Domain | Definition | |
| Beneficial interest | Law | 1: BENEFICIAL INTEREST. That right which a person has in a contract made with another; as if A makes a contract with B that he will pay C a certain sum of money, B has the legal interest in the contract, and C the beneficial interest. Hamm. on Part. 6, 7, 25 2 Bulst. 70. (references) | |
| 2: The person whom something really belongs to has the beneficial interest in it. Source: European Union. (references) | |||
Source: compiled by the editor from various references; see credits. | Top | ||